the principle of organizational structure where one person is at the top and the other managers are ranked sequentially from the top down is called blank . multiple choice question. hierarchy unity of command division of labor bureaucracy

The practice of colluding with other firms to set prices is called price fixing. Price fixing is an illegal practice in which firms collude to set prices in order to eliminate competition and increase profits.

This type of practice is often done by large corporations with significant market power, as they are able to exert more influence over the market than smaller competitors.

Price fixing typically involves two or more firms agreeing to set prices at a certain level, often above market value, in order to maintain or increase profits.

This can occur through direct communication between the firms or through implicit agreements, such as publicly signaling prices to competitors.

The practice of price fixing is illegal in many countries, including the United States, Canada, and the European Union, and can result in significant fines and other legal consequences for firms found guilty of engaging in such behavior.

In addition to price fixing, there are several other types of anti-competitive behaviour that firms may engage in, including bid rigging, market allocation, and tying arrangements. Bid rigging involves firms colluding to coordinate their bids on a particular project, often in order to ensure that one firm wins the contract.

All of these types of behaviour are illegal and can result in significant fines and other legal consequences for firms found guilty of engaging in such behaviour.

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True. An inefficiently functioning firm might be targeted in an acquisition as the acquiring firm can benefit from the synergies created.

For example, the acquiring firm can improve efficiency by eliminating redundancies, sharing resources, and reaping economies of scale.
An acquisition is a strategy in which one company purchases most, if not all, of another company's shares in order to assume control of it. The acquired company typically has fewer assets than the acquiring company, which means that it's either failing or struggling to keep its operations profitable.

Acquisition is a strategic move by companies to expand their market share and gain competitive advantages. The goal of an acquisition is to increase the financial and operating performance of the acquiring company by capturing economies of scale, synergies, and other strategic advantages.

The reason behind acquiring a firm that functions inefficiently is to provide synergistic benefits to the acquiring firm. By combining resources and operations, the acquiring firm aims to reduce costs, increase efficiency, and improve productivity.

Therefore, the statement "A firm functioning inefficiently might be targeted in an acquisition to provide synergistic benefits to the acquiring firm" is true.

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When conducting a survey about choosing vacation destinations, Hillary will need to build rapport in order to get reluctant respondents to provide honest information.

Rapport is a feeling of mutual trust and understanding that develops when people communicate with each other effectively. In the case of surveys, building rapport with respondents entails establishing a relationship of trust and mutual respect, which is essential for obtaining truthful responses.

When conducting a survey, it is critical to be skilled in building rapport with respondents. The following are some strategies for building rapport when conducting a survey:

Begin by introducing yourself and thanking the respondent for participating in the survey.                                               Ask open-ended questions that encourage respondents to share their experiences and thoughts.                                      Avoid interrupting or cutting off the respondent in the middle of their answers.  

Phrase your questions in a way that makes respondents feel comfortable.                                                                    Avoid using jargon or technical terms that respondents may not understand.                                                                   Actively listen to the respondents' responses. Respond with empathy when a respondent discusses sensitive topics.

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An All-or-Nothing Order is an order to buy or sell a security that must be filled in its entirety or not at all.

A Fill or Kill Order is an order to buy or sell a security that must be executed immediately and completely or not at all. The main difference between the two orders is that the All-or-Nothing Order allows for partial fills, while the Fill or Kill Order does not.

The All-or-Nothing Order is used to ensure that the investor is buying or selling the desired quantity of the security at the desired price.

The Fill or Kill Order, however, is used to ensure that the entire order is filled quickly and at the desired price. If the order cannot be filled immediately and at the desired price, it will be cancelled. This can be beneficial in fast-moving markets where prices can fluctuate rapidly.

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The most likely course of action that an auditor would take after determining that performing substantive tests on inventory will take less time than performing tests of controls is to perform the substantive tests on inventory.

Substantive tests on inventory involve examining evidence directly related to inventory balances, such as evidence of physical counts, documents related to acquisitions, and records related to shipments and sales.

These tests are necessary in order to determine the accuracy of the financial statement assertions related to inventory.

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Answer:

RESATE THIS QUESTION PLS

Explanation:

Widdle Corporation should record an increase in paid-in capital of $50,000 on May 1, when it issued 10,000 shares of its $10 par common stock to Saddles in exchange for a tract of land. The correct answer is A - $50,000

The total value of the stock issued was calculated by multiplying the number of shares by the fair market value of the stock, $15 per share. This comes to a total of $150,000. The fair market value of the land, as per Saddles’ last property tax record, was $82,000. The difference between the total value of the stock issued and the fair market value of the land is $50,000 and this should be recorded as an increase in paid-in capital.

In other words, Widdle Corporation paid for the land by issuing 10,000 shares of its common stock, valued at $15 per share. The total value of the stock was $150,000, while the land’s fair market value was $82,000, so the difference of $50,000 is the amount that should be recorded as an increase in paid-in capital.

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An adverse oil-price shock will reduce labour demand, resulting in fewer job opportunities and a decrease in the real wage rate.

This is because as the cost of oil increases, businesses must pay more for their energy and other inputs, so they are less likely to hire additional employees. This reduces current employment and reduces the overall amount of money businesses have to pay employees, causing the real wage rate to decrease.
It is a widely accepted fact that an adverse oil-price shock reduces labour demand. It refers to the case where the price of crude oil, petroleum products, or natural gas increases suddenly and significantly. The adverse oil-price shock is a type of supply shock that affects the economy as a whole.

Employment is adversely impacted by an oil price shock. The firms' total costs increase as a result of the increase in oil prices, making them hesitant to expand their production or employ more workers.

The real wage rate will also decrease as a result of the adverse oil-price shock. As previously said, production costs rise as a result of the increase in oil prices.

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Conner would discover that the store's weighted-average contribution margin ratio is 15% if he calculated the weighted-average contribution margin ratio for the business.

Subtracting the total variable costs from the total sales revenue yields the contribution margin. Contribution Margin is calculated as Total Sales Revenue - Total Variable Expenses.

A weighted average of the share price paid for the shares can be calculated by the investor. To do this, multiply the total number of shares purchased by each price, add those numbers, and then divide the total by the number of shares purchased.

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Income and expenses are two fundamental concepts in personal finance. Income refers to the money earned or received during a particular period, usually on a monthly or annual basis.

This includes wages, salaries, tips, bonuses, interest, dividends, and any other source of revenue. Income can be categorized as gross or net, depending on whether or not taxes and other deductions have been taken out.

Expenses, on the other hand, refer to the money spent during a particular period. Expenses can be fixed or variable, and they can be essential or discretionary. Fixed expenses are bills that must be paid regularly, such as rent, mortgage, car payments, and insurance premiums. Variable expenses are discretionary, meaning they can be adjusted and are not essential. Examples include groceries, entertainment, clothing, and travel.

The difference between income and expenses is known as net income or net cash flow. If income is greater than expenses, there is a surplus, which can be saved or invested. If expenses are greater than income, there is a deficit, which may lead to debt or financial hardship. Understanding and managing the difference between income and expenses is essential for maintaining financial stability and achieving long-term financial goals.

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A producer of a commodity such as steel would most likely pursue the broad low-cost generic competitive strategy.

Generic competitive strategies refer to the strategic decisions of an organization in order to achieve a competitive advantage over its rivals. Organizations utilize generic competitive strategies to build a sustainable competitive advantage by exploiting the weaknesses of their competitors in order to boost their market position.

The four most commonly utilized generic competitive strategies are: Cost leadership Broad differentiation Narrow focus Cost leadership and differentiation. The choice of generic strategy is determined by the industry's structural characteristics such as the industry life cycle stage, the level of product differentiation, the intensity of competition, the firm's resources, and the firm's position within the industry. The most appropriate strategy for a commodity producer like steel would be cost leadership.

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The student is buying load mutual fund shares. When an investor purchases mutual fund shares, they must pay a one-time sales fee known as a load.

The load is typically a portion of the total investment amount and is deducted at the time of purchase.

Mutual funds are a form of investment that pools money from numerous investors to buy securities like stocks, bonds, or other assets. A professional money manager manages the portfolio's investments, allocating the money based on the fund's objectives.

Mutual funds are an excellent way for novice investors to gain exposure to the market while minimizing risk. Mutual funds can be classified into two types: load funds and no-load funds.

Investors who purchase load funds must pay a one-time sales charge or load. A no-load mutual fund, on the other hand, does not charge a sales charge. There are no-load funds that charge a redemption fee if the investor sells the shares too soon.

One-time sales charges are also known as front-end sales fees or sales loads. These fees are charged to new mutual fund investors when they first purchase the fund's shares. The one-time charge varies depending on the mutual fund and is usually a percentage of the total investment.

The percentage typically ranges from 2% to 8% of the total investment amount. The sales charge goes to the financial advisor or salesperson who sold the mutual fund to the investor.

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The second step of the four-step innovation process involves the transformation of an idea into a new product or process and is known as Development.

What is Innovation?

Innovation is a process that involves turning ideas into new and improved products or processes that will benefit society. It may also refer to a company's ability to create novel ideas, strategies, and approaches that increase profitability and competitiveness in the market.

.What is Transformation?

Transformation refers to a process of change in which something is completely transformed from its initial state. It is the act of making an alteration in the structure, nature, or form of something.

How are innovation and transformation connected?

Innovation and transformation are related because innovation is a driving force for transformation. The goal of innovation is to create new products or processes that are superior to those already available in the market. As a result, innovation promotes transformation by encouraging companies to modify and improve their existing products and processes to remain competitive in the market

.What is the four-step innovation process?

The four-step innovation process is as follows: Identification Development Implementation Commercialization Innovation starts with the identification of a need or opportunity for change. The development phase involves the transformation of an idea into a new product or process. The implementation stage involves testing and refining the new product or process. Finally, the commercialization stage involves bringing the new product or process to market.

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The ultimate objective in a JIT (Just-in-Time) system is to have all of the following except for d) minimal waste.

A Just-in-Time (JIT) system is a strategy in which an organization improves the delivery of raw materials and the finished product by only producing what is required at the time it is needed. JIT systems' fundamental principle is to enhance efficiency by reducing inventory, and JIT systems enable businesses to quickly and efficiently respond to customer demand changes. This boosts productivity and efficiency in the organization.

The ultimate objective in a JIT system is: a. low inventory c. balanced and rapid flow b. high quality d. minimal waste e. all of the above. The ultimate goal in a JIT system is to achieve all of the objectives listed above except d) minimal waste. The aim of the JIT system is to eliminate waste in production, so minimal waste is not the ultimate objective. JIT, however, may assist in reducing waste in the manufacturing process.

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The term used to describe the organization of training into phases or periods that allows for optimal rest and recovery is "periodization".

Periodization is the systematic planning of athletic or physical training. It involves the on-going manipulation of training variables such as intensity, volume, and duration in order to maximize performance gains over time. The term used to describe the organization of training into phases or periods that allows for optimal rest and recovery is Periodization.

Periodization refers to the organization of training into distinct phases or periods to ensure optimal rest and recovery. This method is used by athletes to plan and structure their training program by incorporating training cycles and recovery periods. Periodization is primarily based on the concept of physiological adaptation, where the body adapts to the demands of the exercise. By following a periodized training program, athletes can prevent overtraining and injuries while improving their performance.

A periodized training program typically consists of three main phases: the preparatory phase, the competition phase, and the transition phase. During the preparatory phase, athletes focus on building a foundation of strength, power, and endurance. In the competition phase, the focus shifts to refining skills and peaking for competition. Finally, the transition phase allows for recovery and rest before starting the next cycle of training.

Thus, periodization is a crucial concept in sports training that helps athletes organize their training into phases or periods to ensure optimal rest and recovery.

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Absorption costing's drawback is that it might distort the perception of a company's profitability. It is also not useful for analysis intended to increase operational and financial efficiency.

The ability for managers to manipulate income through overproduction is also provided by absorption costs. In comparison to not producing the extra goods, increasing output at year's end results in a higher net income.

When production outpaces sales, the revenue computed using full absorption costing will be higher than the income calculated using variable costing. Production being in excess of sales points to a rise in inventories.

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if the company closes its underapplied overhead entirely to cost of goods sold it will cause net operating income to be higher than the net operating income reported if the company had closed its underapplied overhead proportionally to work in process, finished goods, and cost of goods sold.

When a company closes its underapplied overhead entirely to cost of goods sold, it reduces the cost of goods sold and thus increases the net operating income as compared to when the overhead was closed proportionally to work in process, FINISHED GOODS INVENTORIES, and cost of goods sold.

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To determine whether an economy is operating at its golden rule level of capital stock, a policymaker must determine the steady-state saving rate that produces the highest steady-state consumption per capita.

A golden rule level is an optimal level of the capital stock that maximizes consumption in the steady state. A policymaker must determine the steady-state saving rate that produces the highest steady-state consumption per capita to determine whether an economy is operating at its golden rule level of capital stock.

The steady-state capital stock that maximizes consumption in the steady state is known as the Golden Rule capital stock level. When determining the Golden Rule capital stock level, economists presume that firms maximize profits and that households maximize utility. According to the neoclassical growth model, at the Golden Rule level of capital stock, the marginal product of capital equals the economy's steady-state rate of depreciation (which is a function of the steady-state population growth rate).

As a result, if the economy invests a certain amount in physical capital, the extra production created by the new capital would be entirely counterbalanced by the depreciation of existing capital. As a result, the economy would be unable to increase consumption by investing more. As a result, the steady-state capital stock would be the Golden Rule capital stock level.

The formula for calculating the steady-state capital stock is as follows:K* = [(s / δ + n + g) / A]1 / (1 − α)where,K* is the steady-state capital stock, s is the economy's steady-state saving rate,δ is the rate of depreciation, andn + g is the rate of population growth plus technological progress (i.e., the growth rate of the labor-augmenting technical change parameter),α is the elasticity of output with respect to capital, andA is a productivity parameter that represents technology.

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The economy of North Korea leans toward the command model. In this model, the government sets production goals and directs the allocation of resources.

While all economies are mixed, the economy of North Korea leans toward the command model. The term "command economy" refers to an economic system in which the government determines production, distribution, and pricing decisions. The command model, also known as the planned economy or socialist economy, is an economic model that emphasizes state ownership and control over the resources available in a society. In this type of economy, the state has complete control over production, pricing, and distribution, and the government makes all of the economic decisions.

In North Korea, the government controls most of the economic activities, and the market economy is still in its early stages of development. The government controls all of the country's resources and factories, and the central planning committee makes all of the country's economic decisions. The state regulates all imports and exports, and the government sets the prices for goods and services.

In a command economy, the government has the power to direct the economy in any direction it chooses. This may mean that the government decides to focus on military spending or to develop the country's infrastructure. It may also mean that the government chooses to invest in particular industries, such as agriculture or technology.

In conclusion, the economy of North Korea leans towards the command model, in which the government has complete control over production, pricing, and distribution, and the central planning committee makes all of the economic decisions.

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A business formula, information compilation, or device that provides an advantage over competitors that do not have it is known as a  "competitive advantage".

Competitive advantage is a term that describes an advantage that a company possesses over its competitors that enables it to generate greater revenue, market share, and profit margins  than its rivals. Companies develop a competitive advantage by exploiting specific organizational strengths or skills, technology, patents, or intellectual property, all of which give it an edge over its competitors.

A competitive advantage is a specific feature or characteristic of a company that distinguishes it from its competitors and helps it to gain market share. To summarize, competitive advantage is an attribute that allows a firm to outperform its competitors. Competitive advantages come in a variety of shapes and sizes, and they can be the result of factors such as cost, quality, marketing, technological innovation, or any other aspect of the business.

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Product differentiation, low costs, and the development of new products or services are key to a company's success at the Growth stage of the product life cycle.

Product differentiation, low costs, and the development of new products or services are key to a company's success at the Growth stage of the Product Life Cycle. During the Growth stage, a company must work to differentiate itself from competitors by creating unique products and services and by focusing on keeping costs low in order to maximize profits. It is also important to continue to innovate and develop new products and services in order to maintain market share and to stay competitive.

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To keep your price risk balanced, you should enter an equal and opposite futures order for the 5,000 bushels of corn.

That is, if you delivered 5,000 bushels of corn on March 8 and priced them across the scales at your current board price, you should enter a sell order for 5,000 bushels of corn on the futures market to offset the risk of your delivery.

Bushels of corn is a standard unit of measure used in the agricultural industry to quantify the volume of corn produced or traded. It is defined as a unit of volume equal to 8 gallons or approximately 35.24 liters. In the United States, it is the most commonly used unit of measure for corn and is used in pricing, buying, and selling of corn in the commodity markets.

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False; after the petty cash fund is created, it is not necessary to debit or credit the account again unless the fund's size changes.

The corporation has internal control over the money in the fund by designating one person as the fund's manager. to start a small cash fund. The petty cash custodian typically deposits the cash in a small, lockable box once the check is cashed. The fund is now prepared for distribution as required.

The petty cash account is a current asset in financial accounting. As a result, the money is recorded as a typical debit balance.

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Many major media organizations attempt to self-regulate and ensure ethical practice by hiring individuals to deal with readers, viewers, or listeners who have a complaint to report. Such individuals are known as ombudsmen.

An ombudsman is an impartial individual who is responsible for investigating and settling complaints made by consumers or the public in general. They investigate complaints that have not been resolved by the organization and work with the parties involved to achieve a resolution. Ombudsmen are usually appointed by institutions or organizations such as newspapers, broadcasters, and government departments to provide a service to the public. The purpose of hiring an ombudsman is to maintain a high level of accountability and professionalism among media companies.

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This process of earning interest on prior interest earnings is called "compounding interest".

Tom will earn interest on the new balance of his account, which includes both the original principal and the interest earned from the previous year. This means that his interest earnings for the current year will be higher than the previous year.Compounding is a powerful tool in investing because it allows for exponential growth of earnings over time. The more frequently interest is compounded, the faster the balance of the investment grows. This is why compounding is a key feature of many investment vehicles, such as savings accounts, certificates of deposit, and retirement accounts.

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Order of the correct answer is B. Confirmation E. Inquiry H. Substantive procedures A. Inspection of tangible assets C. Tracing on 221 F. External-internal evidence G. Audit plan

For each of the descriptions 1-6, match the correct word or phrase from A-H as follows:

A. Inspection of tangible assets

B. Confirmation

C Tracing on221

D. Vouching

E. Inquiry

F External-internal evidence

G. Audit plan

H. Substantive procedures

1. Documentation prepared by independent parties and sent to the client - Confirmation

2. Proceeding forward through the accounting and control system from the evidence to the financial statements - Tracing on 221

3. Audit of details of transactions and balances - Substantive procedures

4. Audit procedure that provides compelling evidence of existence - Inspection of tangible assets

5. Direct correspondence with independent parties - Inquiry

6. A list of audit procedures - Audit plan

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The current trend in measuring the effectiveness of corporate ethics and compliance programs is through the use of data analytics.

Data analytics involves the use of software and other tools to analyze large amounts of data to identify patterns, trends, and other insights that can be used to improve corporate ethics and compliance programs.

This can help identify areas of non-compliance and unethical behavior and can provide insights into the effectiveness of training programs and other initiatives aimed at improving corporate ethics and compliance.

Data analytics can also be used to identify areas where additional resources may be needed to improve the effectiveness of ethics and compliance programs.

It is an important tool for measuring the effectiveness of corporate ethics and compliance programs and is likely to become increasingly important as companies seek to improve their ethical performance in response to increasing stakeholder demands for transparency and accountability.

Therefore, the current trend in measuring the effectiveness of corporate ethics and compliance programs is through the use of data analytics.

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Cash refers to physical currency, coins, and other negotiable instruments that are readily available and accessible for use in transactions.

This can include paper money, coins, checks, money orders, and bank account balances that can be easily accessed and withdrawn as needed. Cash is an important component of an individual or organization's assets, and it is typically used to pay for goods and services, make investments, or fund day-to-day operations. In accounting, cash is classified as a current asset and is recorded on a company's balance sheet as a component of its total assets.

The items that are included in cash are:

Notes receivable from customers and accounts receivable from customers are not considered cash, as they are not actual cash on hand or in a bank account. They are considered accounts receivable, which is a type of asset.

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Answer:

See below, please.

Explanation:

11.True

12.True

13.True

14.True

15.True

16.False

17.False

18.True

19.False

20.False

The purpose of the expenditure multiplier is (C) to quantify the change in aggregate demand (AD) that will occur as a result of a change in government spending, but not other components of AD.

The expenditure multiplier measures the impact of changes in government spending on the overall level of economic activity, as represented by changes in aggregate demand. Specifically, the multiplier captures the extent to which an initial change in government spending leads to additional changes in consumer spending, business investment, and net exports through a series of rounds of spending and income. This concept is an important tool in macroeconomics for analyzing the effects of fiscal policy on the economy.

Option a is incorrect because the expenditure multiplier is not concerned with changes in the money supply resulting from changes in the reserve ratio. Option b is incorrect because the expenditure multiplier is not focused on changes in interest rates resulting from an increase in deficit spending, but rather on changes in overall economic activity resulting from changes in government spending.

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